Sophia Sommer

(602) 512-9825
The Sommer Group
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$470,523$431,910
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,353$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,038.01$2,990.46
2nd payment$0.00$0.00
Taxes / mo$153.00$153.00
Insurance / mo$166.67$166.67
MI / mo$0.00$86.38
HOA / mo$0.00$0.00
Total monthly$3,357.68$3,396.51
Cash to close$9,377$47,990